Updated Oct 16, 2026
/Nasdaq drops 2.1% as AI worries hit tech stocks/StockStory flags Old Second Bancorp, avoids Compass and Reinsurance Group/Ahold Delhaize takes systems offline after cybersecurity incident/WTI Crude Hits $100.87 as Energy Stocks Rise/Report links current AI market wobbles to 2000 tech parallels/Costco shares lag S&P 500 despite 7.1% same-store sales growth/Nasdaq drops 2.1% as AI worries hit tech stocks/StockStory flags Old Second Bancorp, avoids Compass and Reinsurance Group/Ahold Delhaize takes systems offline after cybersecurity incident/WTI Crude Hits $100.87 as Energy Stocks Rise/Report links current AI market wobbles to 2000 tech parallels/Costco shares lag S&P 500 despite 7.1% same-store sales growth
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Markets desk · October 16, 2026

Nasdaq drops 2.1% as AI worries hit tech stocks

The Nasdaq composite fell 2.1% on Friday, marking its worst week since June. The S&P 500 lost 1.1% and the Dow Jones Industrial Average dropped 0.3%. Declines in major technology companies weighed on the broader market as concerns grew…

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Updated October 16, 2026

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